HSBC Global Asset Management (Canada) announced June 19 that it is lowering the risk ratings of several of its Funds.
No changes to the funds’ investment objectives
These changes are the result of the new investment risk classification methodology mandated by the Canadian Securities Administrators. There are no changes to the investment objectives or strategies of the Funds. The new risk ratings for the Funds listed below will be as follows:
|
Funds |
Current Risk Rating |
New Risk Rating |
|
HSBC Canadian Bond Fund |
Low to Medium |
Low |
|
HSBC Monthly Income Fund |
Low to Medium |
Low |
|
HSBC Global Corporate Bond Fund |
Low to Medium |
Low |
|
HSBC World Selection® Diversified |
Low to Medium |
Low |
|
HSBC World Selection Diversified |
Medium |
Low to Medium |
|
HSBC Small Cap Growth Fund |
Medium to High |
Medium |
